Trondheim/Oslo, April 2026 — Piscada AS has secured a strategic investment from Skagerak Capital, a Norwegian investment firm focused on companies that combine technological innovation with measurable sustainability impact. The investment will support Piscada's next phase of growth as the company scales its Building Intelligence Platform and accelerates the decarbonisation of buildings across the Nordic region and internationally.
Buildings account for a significant share of global energy consumption and emissions, making energy optimisation in the built environment one of the most impactful levers in the transition to a more sustainable economy. Piscada addresses this challenge through its Building Intelligence Platform, which combines traditional building automation with advanced analytics and artificial intelligence to enable predictive control and real-time portfolio optimisation.
AI-Driven Efficiency and Measurable Sustainability Impact
Through its AI platform Foresight, Piscada consolidates operational and energy data across buildings and applies AI to detect inefficiencies, predict faults, and optimise performance. The result is lower energy consumption, reduced operating costs, and improved sustainability performance for property owners and facility managers. Typical customers achieve 10–25% energy savings, demonstrating the tangible impact of data-driven building operations on both costs and emissions.
Piscada's technology builds a digital representation of each building and continuously analyses operational data to identify inefficiencies and improvement opportunities. The platform can automatically detect operational deviations, prioritise corrective actions, and enable operators to optimise energy usage across entire property portfolios.
Major Framework Agreement with Leading Real Estate Group
The investment coincides with a significant commercial milestone for Piscada. The company recently signed a large framework agreement with one of Norway's largest privately owned real estate groups, covering energy optimisation, operational monitoring, and analytics across relevant parts of a property portfolio of approximately 500 buildings. The agreement follows successful pilot projects and represents an important validation of Piscada's technology and market position.
Today, more than 1,500 buildings are connected to the Piscada platform, providing a growing data foundation that strengthens the platform's intelligence and optimisation capabilities over time.
“Decarbonizing the built environment is one of the most important challenges in the energy transition. Piscada has developed a highly scalable technology platform that helps property owners reduce energy consumption and CO₂ emissions while improving operational performance.”
Andreas Eskeland, Partner at Skagerak Capital
Strong Technology Foundation and Growth Potential
Piscada has deep expertise in building automation, industrial software, and data analytics. Originating from research and industrial development environments in Norway, the company has built a platform that integrates seamlessly with existing building systems and scales from individual properties to large portfolios. With strong market traction, a growing pipeline of large property companies, and increasing demand for digital solutions that improve building performance and sustainability, Piscada is well positioned for continued growth in the Nordic region and internationally.
“Securing Skagerak Capital as an investor is a strong signal of confidence in what we are building at Piscada. Their focus on sustainability-driven technology aligns perfectly with our mission, and we look forward to accelerating our growth together.”
Torgeir Pedersen, CEO at Piscada AS
About Piscada AS
Piscada AS is a Norwegian technology company with over 1,500 buildings connected to the Foresight cloud platform. The company is headquartered in Trondheim and delivers smart building solutions to property managers, facility management companies, and public sector organisations in Norway and Europe.
About Skagerak Capital
Skagerak Capital is a Norwegian investment firm that focuses on supporting companies combining technological innovation with measurable sustainability impact. The firm invests in growth companies across the Nordic region with a particular emphasis on the energy transition and decarbonisation.
Contact
- Torgeir Pedersen, CEO at Piscada AS — torgeir.pedersen@piscada.com — +47 928 44 902